Even the Wall Street Journal's conservative board is urging Trump to ditch his tariffs, warning they could trigger a recession and hurt his own supporters. Is this a wake-up call the White House can't ignore?
The Wall Street Journal editorial board, not typically known for its anti-Trump stance, is raising serious concerns about the direction of the U.S. economy. In a recent opinion piece, they directly questioned: "Will There Be a Trump Recession?" [This isn't just idle speculation; it's a pointed warning.]
The newspaper highlighted "signs of a slowing economy" and urged the White House to reconsider its tariff policies.
Economists are increasingly worried that Trump's "willy-nilly tariffs" will lead to:
The Journal points to several worrying indicators:
These factors, the Journal argues, "suggest slower growth ahead, even if the economy dodges recession." [Dodging isn't the same as avoiding. The threat is real.]
The editorial board acknowledges that Trump's policies aren't all bad. They concede that:
"Deregulation and an extension of the 2017 tax reform should buoy business investment over the long term."
However, they argue that the immediate damage caused by tariffs outweighs these potential benefits.
The Wall Street Journal is crystal clear in its recommendation:
"If Mr. Trump wants to quiet recession alarm, he would be wise to put his tariff plans on the shelf."
[This is not a suggestion; it's a call to action. The stakes are too high to ignore.] The question now is: will the White House listen, or will it continue down a path that could lead to economic peril?